Solved

Match the Following

Question 169

Matching

Match the following:

Premises:
White knight
Responses:
A legal device that makes a hostile takeover prohibitively expensive for the acquirer.
A defensive measure in which a target company buys its own shares from a potential acquirer, usually at a premium over market value
A more acceptable acquirer than the one attempting a hostile takeover.
Divestiture through the creation of a new corporation whose shares are distributed pro rata to the original firm's stockholders

Correct Answer:

A legal device that makes a hostile takeover prohibitively expensive for the acquirer.
A defensive measure in which a target company buys its own shares from a potential acquirer, usually at a premium over market value
A more acceptable acquirer than the one attempting a hostile takeover.
Divestiture through the creation of a new corporation whose shares are distributed pro rata to the original firm's stockholders
Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents